Total monthly cost of ownership
Cost to Own a Home in Harbor Beach, Michigan
A $104,000 home here costs
$1,036per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $44,500 a year.
A standard mortgage calculator would have told you $567. The real number is $469 higher every month, 83% more than the payment most buyers budget for.
Compare Huron County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Harbor Beach from a five-year rolling sample, and with about 1,576 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Huron County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Harbor Beach against Huron County and Michigan
| Measure | Harbor Beach | Huron County |
|---|---|---|
| Median home value | $104,200 | $141,300 |
| Median property tax | $1,606 | $1,754 |
| Effective tax rate | 1.541% | 1.241% |
| Median gross rent | $502 | $743 |
| Population | 1,576 | 31,258 |
The weather behind that power bill
Harbor Beach sits in Huron County, which averages a high of 77.1°F in its hottest month and a low of 18.7°F in its coldest, with 30.37" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 446 cooling and 6,942 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Huron County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Huron County
Talk to someone who works this market
These are Harbor Beach averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Harbor Beach every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Harbor Beach I already own here and may sell
Common questions
How much does it cost to own a home in Harbor Beach?
A $104,000 home in Harbor Beach, Michigan costs approximately $1,036 per month with 20% down at 7.24%. That is $567 principal and interest, $134 property tax, $39 homeowners insurance, $210 utilities and $87 set aside for maintenance.
What is the property tax rate in Harbor Beach?
Harbor Beach has an effective property tax rate of 1.541%, based on a median home value of $104,200 and median real estate taxes of $1,606. That is higher than the Huron County average of 1.241%.
What is the average home price in Harbor Beach?
The median owner-occupied home value in Harbor Beach, Michigan is $104,200, against $141,300 across Huron County.
Is it cheaper to rent or buy in Harbor Beach?
Median gross rent in Harbor Beach is $502 a month, against $1,036 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Harbor Beach?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Harbor Beach, Michigan at today's rate takes a household income of roughly $44,500 a year. That covers the full $1,036 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Harbor Beach, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Michigan.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.